Treasury Secretary Scott Bessent said Sunday he believes some sectors of the economy are in a recession or at risk of one, ...
Bessent is the second Trump official to blame the Fed for a possible recession, even as most analysts believe tariffs are ...
According to Trump’s treasury secretary, the economy isn’t just struggling in some areas — some “sectors” are actually ...
In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product.
If you feel like you're in a recession, it could just be where you live, says economist Mark Zandi. He says 70% of states are in or nearing recession.
BNP Paribas chief US economist James Egelhof put it bluntly in a roundtable with reporters this week: “AI has kept the ...
First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans ...
US Treasury Secretary Scott Bessent said parts of the US economy, especially the housing sector, are already in recession due ...
Discover how ample liquidity and careful Fed policies are driving U.S. economic growth despite recession fears.
The stock market continues to do well and GDP growth is strong, while nearly every other measure of economic activity has stagnated or is in deep decline. Why?
Given the level of uncertainty with the economy, labor market, and inflation, some economists have started talking about the possibility of a recession or even “stagflation.” The economy has been in ...
Chief economist from Moody's Analytics assessed states' economies and determined which are in a recession, at risk or are ...